Public Improvement Districts (PIDs), per the Texas Local Government Code Chapter 372, provide the City of Corpus Christi an economic development tool that permits the financing of qualified public improvements which provide a special benefit on a definable part of the City, including both within the city limits and the extra-territorial jurisdiction (ETJ). A PID can finance capital costs and fund supplemental services to meet community needs which could not otherwise be constructed or provided. The costs of the capital improvements and/or supplemental services are paid entirely by property owners within the PID who receive special benefits from the capital improvements or services.
In May of 2019, staff briefed City Council on PIDs and received direction to prepare a PID Policy for the City.
Adopted PID Policy Resolution (March 31, 2020)
PID Policy Draft (February 5, 2020)
Previous PID Policy Draft (August 18, 2019)
Planning Commission Presentation (August 7, 2019)
Previous PID Policy Draft (July 31, 2019)
City Council Briefing - PIDs and MUDs (May 14, 2019)